China’s slowing growth: three implications for Europe

EPA/ROLEX DELA PEN

A food stall vendor inspects the authenticity of a 10-yuan (Renminbi) bill at the shopping area of Qianmen district in Beijing, China, 19 January 2016. China's economy grew 6.9 percent in 2015, according to official figures released 19 January, marking the slowest growth in more than a quarter of a century. The growth missed the 7-percent target that the government had set for the year and is the weakest since 1990. It matched predictions of 6.9 percent by economists.

Demand and exports, deflationary pressure, debt, but perhaps more investment as well


China released its 2015, fourth quarter results on Tuesday; the fact that China's economy is decelerating has been. In the last months of 2016 the Chinese economy was galloping at 6,9%, which brings us to an annualized GDP growth of 6,8%. These headline numbers are hardly the staff “crises” are made of around the world, but falling short of 7% was significant for China.

The deceleration of the Chinese economy is gradual, going from 9,5% in 2011, to 7,3% in 2014, to 6,8% in 2015; 6,3% is proje...


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